Waterfront advises Egress on £2.2 million investment
Mar 2, 2014
Egress Software Technologies, a long-standing Waterfront client and the creator of Egress Switch, a market leading on-demand Cloud-based email and file encryption service, recently received £2.2million new investment from Albion Ventures LLP, one of the UK’s leading venture capitalists.
Waterfront’s corporate team led by partner and Head of Corporate, Matt Cunningham, and assisted by Patrick Peake, advised on all legal aspects of the deal.
Tony Pepper, CEO and co-founder of Egress, said: “There are times when you need to have 100% confidence in your legal team and this investment was one of those times. I was absolutely delighted with the service Waterfront provided. Matt Cunningham was able to cut through the complexities of the lengthy legal agreements and took the time to ensure we fully understood all aspects of the agreements. We have worked with Waterfront on numerous matters over the years. They understand what high growth technology companies like Egress need from a law firm and they are always very pragmatic and commercial in their approach. I look forward to working with them on many more projects.”
Matt Cunningham said: “It’s great to see a client we have acted for since incorporation go on to develop into a successful business. I’m really pleased for Tony and all the team at Egress. With the investment and the support of the experienced team at Albion they will be able to take the business to the next level.”
For more information about the investment please click here.